Zhitong Financial and Economic APP, Shanghai Fudan (01385) issued a notice that due to its own capital needs, the four partnerships plan to reduce their holdings by means of centralized bidding, and the reduction period will be no more than 16.2622 million shares (accounting for no more than 1.997% of the company's total share capital) within six months after 15 trading days from the date of disclosure of this announcement. And within 90 consecutive natural days, the number of shares of the company reduced by centralized bidding shall not exceed 1% of the total share capital of the company. The reduction period shall be no more than 24.4072 million shares (accounting for 2.997% of the total share capital of the company) within six months after three trading days from the date of disclosure of this announcement, and the number of shares of the company reduced through block trading within 90 consecutive natural days shall not exceed 2% of the total share capital of the company.

Before the implementation of this reduction plan, the company's shareholder Shanghai Shengtou Enterprise Management Consulting Partnership (Limited Partnership) held 14.741 million shares of the company, accounting for 1.810% of the company's total share capital. Shanghai Yutrao Enterprise Management Consulting Partnership (Limited Partnership) holds 9.011 million shares of the company, accounting for 1.106% of the company's total share capital. Shanghai Qianling Enterprise Management Consulting Partnership (Limited Partnership) holds 6.243 million shares of the company, accounting for 0.766% of the company's total share capital; Shanghai Haoyue Enterprise Management Consulting Partnership (Limited Partnership) holds 5.177 million shares of the company, accounting for 0.636% of the company's total share capital. The above-mentioned four partnerships are concerted actors, holding a total of 35.172 million shares of the company, accounting for 4.318% of the total share capital of the company.

The final actual reduction ratio of the above two ways will be determined independently according to the market price. Together, the four partnerships plan to reduce their holdings in Fudan Micro Power no more than 32.5523 million shares, and no more than 3.997% of the total share capital of Fudan Micro Power.